If you find yourself without access to currency, bartering is a method by which you may secure items in trade. Another benefit of bartering is that traded items can help you generate goodwill from others and secure needed services. In order to trade successfully, you’ll need to prepare to have items of value on hand.
As you consider which items you may wish to collect, here are some guidelines that I think may be helpful.
LOOK FOR MEDIUM QUALITY AT LOW PRICES
Remember that you are not purchasing items for your personal use when you shop for bartering merchandise. These goods are items you invest in to secure a high yield later – you want a good profit at the point of trade. Don’t purchase junk, but look for good prices on good products that are in the mid-range of quality.
Tools can be found in varied quality. When trading, discounted and used items found on sale will be preferable, in contrast to the highest quality you can afford when purchasing for yourself. Train your eye to spot quality products so that you don’t end up collecting junk as you become familiar with yard sales, flea markets, estate sales, garage sales, consignment shops and other discount outlets.
IN A PINCH REFURBISHED IS AS GOOD AS NEW
When deciding which items you’ll trade, don’t forget to consider your skills. If you know how to make simple repairs, you could purchase slightly worn items at a deep discount and refurbish them yourself.
ITEMS WITH MORE THAN ONE USE
Consider investing in items that have multiple uses. This will save storage space and increase your opportunities to trade. Blankets, buckets, twine, rubber bands, basins, assorted fabrics, soap and duct tape all fall into this category.
PRODUCE MATERIALS FOR BARTER
Now is a good time to acquire skills you could use to make your own items for bartering. The ability to create your own ammunition is a valuable skill. Read up on bullet swaging to learn how to do this. Foraging, candle making, soap making, masonry, pottery, sewing and metalworking are all skills that will enable you to produce products for trade.
Select books which will serve as a resource for those looking for ways to become self-sufficient. Vary your collection with entertaining fiction. Even more valuable is literature that teaches while it entertains. Shop for used books offered at a discount.